
Resources

March 31, 2023
More for Less: Scaling Sustainability-linked Sovereign Debt
A viable market for sustainability-linked debt can address the triple challenge of public debt distress, climate...
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September 7, 2022
SSDH Prospectus
The Sustainability-linked Sovereign Debt Hub (SSDH) creates both an inclusive cooperative space...
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January 25, 2023
The Role of Credit Enhancement in Sovereign Sustainability-linked Debt Issuance
The Landscaping Review explores the role that credit enhancement can play in sustainability-linked sovereign debt.
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October 29, 2022
Notes on Risk-Neutral Pricing of SLBs and Step-down Structures
This paper analyses Sustainability-Linked Bonds (SLBs) through a risk-neutral present value scenario approach...
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April 5, 2022
Chile sustainability-linked bond: Optionality analysis
This review illustrates how to price the optionality value in the SLB...
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December 14, 2022
Stepping out of the comfort zone: What’s next for sustainability-linked financing?
This blog from the World Bank discusses the future of sustainability-linked financing.
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June 23, 2022
Nature Loss and Sovereign Credit Ratings
Biodiversity loss and environmental degradation can have material impact on sovereign creditworthiness. Current methodol
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October 18, 2021
Scaling up Green, Social, Sustainability and Sustainability-linked Bond Issuances in Developing Countries
This report explores the global landscape of the Green, Social, Sustainability and Sustainability-linked (GSSS) Bond...
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June 27, 2022
Could a sovereign sustainability-linked bond help protect the Amazon? Part 1
This blog is part one of a two-part blog series. This blog describes the Brazilian context and the difficulties with pur
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March 3, 2022
Greening Sovereign Debt Performance - Shared Risk and Rewards in Financing the Transition
Sovereign bond markets need to quickly and radically innovate in order to successfully integrate climate- and nature...
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July 11, 2022
Integrating Nature into Debt Sustainability Analysis
This report highlights the importance of integrating nature-related risks into debt sustainability frameworks for...
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January 20, 2016
Conservation finance: from niche to mainstream : the building of an institutional asset class
The objective of this report is to identify financial product structures that have the potential to establish...
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January 18, 2022
The elephant in the room: Bringing sustainable investment to Africa
The coronavirus pandemic has renewed interest in sustainable investing strategies that allow investors to both protect t
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November 1, 2021
Case Study BELIZE DEBT CONVERSION FOR MARINE CONSERVATION
In November 2021, The Nature Conservancy (TNC) and the Government of Belize (Belize) announced the completion of a...
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June 28, 2022
Could a sovereign sustainability-linked bond help protect the Amazon? Part 2
This blog is part two of a two-part blog series. The previous blog describes the Brazilian context and the difficulties
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March 23, 2022
Wildlife Conservation Bond mobilizes private capital to protect critically endangered rhinos
The World Bank’s USD 150 million Wildlife Conservation Bond (WCB) is a first-of-its-kind outcome-based bond that...
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January 6, 2022
Striking the right note: Key performance indicators for sovereign sustainability-linked bonds
A new World Bank report - Striking the Right Note : Key Performance Indicators for Sovereign Sustainability-Linked...
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June 30, 2021
The Economic Case for Nature
The Economic Case for Nature is part of a series of papers by the World Bank that lays out the economic rationale for...
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June 1, 2020
Sustainability-Linked Bond Principles
Sustainability-Linked Bonds (“SLBs”) aim to further develop the key role that debt markets can play in funding...
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July 29, 2021
Nature Performance Bonds - Frequently Asked Questions
Performance-based debt instruments have the potential to transform the way nature, climate and other sustainability...
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February 1, 2021
The Economics of Biodiversity: The Dasgupta Review
Final Report of the Independent Review on the Economics of Biodiversity led by Professor Sir Partha Dasgupta.
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August 12, 2022
Debt-for-Climate Swaps: Analysis, Design, and Implementation
This paper compares debt-for-climate swaps—partial debt relief operations conditional on debtor commitments to undertake
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March 1, 2018
Sovereign Sustainability-Linked Bonds: Chile Sets A High Bar
In March 2018, as part of its Long Finance initiative, Z/Yen published the first edition of the Global Green Finance...
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November 1, 2021
Linking sovereign debt to climate and nature outcomes. A guide for debt managers and environmental decision makers
As countries grapple with the triple crisis of debt, climate change and nature loss, compounded by the impacts of the...
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